Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $84,044

• 1e · Government grants (contributions)

  $1,983,675

• 1f · All other contributions, gifts and grants

  $5,307,800

• 2a · Program service revenue: RESEARCH AND EDUCATION

  total $230,760 · related or exempt $230,760

• 3 · Investment income

  total $1,356,347 · excluded $1,356,347

• 6a · Gross rents

  real property $65,264

• 6b · Less rental expenses

  real property $821,044

• 6c · Rental income or loss

  real property -$755,780

• 6d · Net rental income or loss

  total -$755,780 · excluded -$755,780

• 7a · Gross sales of assets other than inventory

  securities $3,965,780

• 7b · Less cost or other basis and sales expenses

  securities $3,206,620 · other assets $77,473

• 7c · Gain or loss

  securities $759,160 · other assets -$77,473

• 7d · Net gain or loss

  total $681,687 · related or exempt -$77,473 · excluded $759,160

• 8a · Fundraising events: gross income

  $27,605

• 8a · Fundraising events: contributions included on line 1c

  $84,044

• 8b · Fundraising events: direct expenses

  $36,888

• 8c · Net income from fundraising events

  total -$9,283 · excluded -$9,283

• 11a · Other revenue: DEVELOPER FEES

  total $209,000 · related or exempt $209,000

• 11b · Other revenue: CONSULTING REVENUE

  total $12,094 · related or exempt $12,094

• 11c · Other revenue: CONFERENCE INCOME

  total $771 · related or exempt $771

• 11d · All other revenue

  total $1,332 · related or exempt $1,332

• 11e · Other revenue, total

  $223,197

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,741,400 · program services $1,741,400

• 2 · Grants to domestic individuals

  total $112,916 · program services $112,916

• 5 · Compensation of officers, directors and key employees

  total $566,282 · program services $184,173 · management and general $382,109

• 7 · Other salaries and wages

  total $2,321,171 · program services $1,589,332 · management and general $615,760 · fundraising $116,079

• 8 · Pension plan contributions

  total $175,147 · program services $69,029 · management and general $94,693 · fundraising $11,425

• 9 · Other employee benefits

  total $350,551 · program services $272,845 · management and general $77,706

• 10 · Payroll taxes

  total $228,635 · program services $109,417 · management and general $113,037 · fundraising $6,181

• 11b · Fees: legal

  total $42,106 · program services $1,915 · management and general $40,191

• 11c · Fees: accounting

  total $112,070 · management and general $112,070

• 11f · Fees: investment management

  total $100,377 · management and general $100,377

• 11g · Fees: other

  total $916,892 · program services $759,906 · management and general $104,123 · fundraising $52,863

• 12 · Advertising and promotion

  total $393,654 · program services $14,769 · management and general $340,520 · fundraising $38,365

• 13 · Office expenses

  total $169,282 · program services $26,362 · management and general $136,809 · fundraising $6,111

• 16 · Occupancy

  total $36,098 · program services $26,534 · management and general $6,324 · fundraising $3,240

• 17 · Travel

  total $61,497 · program services $44,630 · management and general $16,315 · fundraising $552

• 19 · Conferences, conventions and meetings

  total $21,652 · program services $14,830 · management and general $6,627 · fundraising $195

• 20 · Interest

  total $94,627 · program services $20,803 · management and general $68,312 · fundraising $5,512

• 22 · Depreciation, depletion and amortization

  total $175,898 · program services $39,431 · management and general $126,277 · fundraising $10,190

• 23 · Insurance

  total $90,598 · program services $10,023 · management and general $78,919 · fundraising $1,656

• 24a · Other expenses: LICENSES & FEES

  total $64,946 · program services $64,746 · management and general $200 · fundraising $0

• 24b · Other expenses: REPAIRS & MAINTENANCE

  total $64,647 · program services $7,757 · management and general $35,953 · fundraising $20,937

• 24c · Other expenses: VOLUNTEER EXPENSES

  total $40,101 · program services $40,101 · management and general $0 · fundraising $0

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $36,945 · program services $5,039 · management and general $31,906 · fundraising $0

• 24e · All other expenses

  total $39,784 · program services $3,236 · management and general $36,379 · fundraising $169

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,006,054 · end of year $882,793

• 2 · Savings and temporary cash investments

  beginning of year $1,671 · end of year $721

• 3 · Pledges and grants receivable

  beginning of year $627,658 · end of year $552,351

• 4 · Accounts receivable

  beginning of year $226,236 · end of year $239,531

• 7 · Other notes and loans receivable

  beginning of year $2,200,000 · end of year $2,600,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $316,724 · end of year $253,399

• 10a · Land, buildings and equipment: cost or other basis

  $14,874,810

• 10b · Land, buildings and equipment: accumulated depreciation

  $4,787,219

• 10c · Land, buildings and equipment, net

  beginning of year $10,058,867 · end of year $10,087,591

• 11 · Investments: publicly traded securities

  beginning of year $42,906,133 · end of year $43,457,835

• 12 · Investments: other securities

  beginning of year $2,420,023 · end of year $2,332,963

• 13 · Investments: program-related

  beginning of year $981,551 · end of year $3,632,224

• 15 · Other assets

  beginning of year $111,149,208 · end of year $118,664,549

• 17 · Accounts payable and accrued expenses

  beginning of year $1,206,754 · end of year $1,166,382

• 19 · Deferred revenue

  beginning of year $709,348 · end of year $291,062

• 23 · Secured mortgages and notes payable

  beginning of year $6,370,800 · end of year $6,770,800

• 25 · Other liabilities

  beginning of year $3,361,255 · end of year $2,701,588

• 27 · Net assets without donor restrictions

  beginning of year $55,803,953 · end of year $59,703,668

• 28 · Net assets with donor restrictions

  beginning of year $104,442,015 · end of year $112,070,457

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION REIMBURSES SOCIAL CLUB DUES WHICH MUST BE IN AN INDIVIDUAL'S NAME BUT ARE FOR THE ORGANIZATION'S BENEFIT. REIMBURSEMENT OF DUES MUST FOLLOW WRITTEN EXPENSE REPORT PROCESS. SOCIAL DUES ARE PAID FOR THE PRESIDENT/CEO. IN 2024, THE EXECUTIVE ASSISTANT WORKED WITH THE BOARD CHAIR TO APPROVE SOCIAL DUES AND ALL EXPENSE REPORT ACTIVITY FOR THE PRESIDENT/CEO.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• BENJAMIN ROSE PROPERTY LLC

  RENTAL · OH · income $793,061 · assets $16,599,951

  Directly controlled by BENJAMIN ROSE INSTITUTE

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• MARGARET WAGNER SENIOR APARTMENTS LP

  LOW INCOME HOUSING · OH · general or managing partner